Tag: China: Ferro chrome prices remain largely stable w-o-w as supply-demand imbalance persists

Slightly improved demand from the downstream sectors kept the Chinese ferro chrome sector stable. However, even with declining costs, industry confidence remained moderate due to the ongoing supply-demand imbalance. Steel mills retain bargaining power in this oversupplied market, limiting price increases and overall market optimism. Grade-wise prices High-carbon ferro chrome prices inch down: Prices were…